1, LAMB CLOSE, BEDFORD, MK41 0FL - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 LAMB CLOSE is a very small detached house of 93m². It was last sold for £290,000 in July 2020, which was around 36% below the average July 2020 detached price in the Bedford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was B.

1 LAMB CLOSE Sold Prices

Land registry data shows two sales for 1 LAMB CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Both of the two 1 LAMB CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 28 JUL	£290,000	£454,645	36% below HPI
2014 4 APR	£234,995	£322,748	27% below HPI

1 LAMB CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The two 1 LAMB CLOSE sales from April 2014 and July 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 LAMB CLOSE?

1 LAMB CLOSE is 93m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 1 LAMB CLOSE lies on this distribution: 19% of detached houses are smaller than 1 LAMB CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Bedford.

1 LAMB CLOSE: Plot and Title Map

1 LAMB CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 1 LAMB CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 LAMB CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 LAMB CLOSE?

1 LAMB CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 1 on LAMB CLOSE.